1386 Silversmith Drive, Oakville

Price: $1,839,900

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Single Family Home

MLS#: W13028250

Welcome to the highly sought-after Glen Abbey community in Oakville. This beautifully maintained two-storey home offers a highly functional layout featuring 4 bedrooms and 2 full bathrooms upstairs, along with a main floor powder room, a dedicated office, and a double car garage.The bright and welcoming main living area showcases a soaring vaulted ceiling in the family room, creating an open and airy atmosphere filled with natural light. The enclosed front entry (approx. 74 sq ft) provides a practical foyer space for shoes, storage, and seating, enhancing comfort, organization, and insulation.The main floor includes a dedicated office with custom cabinetry, ideal for work-from-home needs. The kitchen is equipped with granite countertops and stainless steel appliances, Upgraded with a MAYANG stove with two ovens of different sizes (top and bottom), along with a Robam motion-activated smart range hood with powerful extraction capabilities (2024),and opens to a bright breakfast area with direct access to the backyard. Upstairs, there are 4 well-proportioned bedrooms, including a spacious primary suite with a walk-in closet and a 5-piece ensuite bathroom. A Juliet balcony overlooks the main living area below, adding architectural character and a sense of openness.The finished basement extends the living space with a recreation room, oversized workshop, and ample storage. The fully fenced backyard, surrounded by mature trees, offers a private and peaceful outdoor retreat. Recent upgrades include full stone interlocking (2024) and fence improvements, enhancing curb appeal and low-maintenance living.Conveniently located within walking distance to top-rated schools, parks, trails, community centre, transit, shops, and restaurants, with quick access to highways and GO Transit. A true move-in-ready family home in one of Oakville's most desirable neighbourhoods.

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active
New Listing
1/50

$1,839,900 - 1386 Silversmith Drive, Oakville

Single Family Home for Sale in Oakville

New — Listed yesterday
4Beds
3Baths
2,500 - 2,999Sq Ft
Single Family Home
Property Details
MLS Number
W13028250
Property Type
Single Family Home
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Oakville
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Welcome to the highly sought-after Glen Abbey community in Oakville. This beautifully maintained two-storey home offers a highly functional layout featuring 4 bedrooms and 2 full bathrooms upstairs, along with a main floor powder room, a dedicated office, and a double car garage.The bright and welcoming main living area showcases a soaring vaulted ceiling in the family room, creating an open and airy atmosphere filled with natural light. The enclosed front entry (approx. 74 sq ft) provides a practical foyer space for shoes, storage, and seating, enhancing comfort, organization, and insulation.The main floor includes a dedicated office with custom cabinetry, ideal for work-from-home needs. The kitchen is equipped with granite countertops and stainless steel appliances, Upgraded with a MAYANG stove with two ovens of different sizes (top and bottom), along with a Robam motion-activated smart range hood with powerful extraction capabilities (2024),and opens to a bright breakfast area with direct access to the backyard. Upstairs, there are 4 well-proportioned bedrooms, including a spacious primary suite with a walk-in closet and a 5-piece ensuite bathroom. A Juliet balcony overlooks the main living area below, adding architectural character and a sense of openness.The finished basement extends the living space with a recreation room, oversized workshop, and ample storage. The fully fenced backyard, surrounded by mature trees, offers a private and peaceful outdoor retreat. Recent upgrades include full stone interlocking (2024) and fence improvements, enhancing curb appeal and low-maintenance living.Conveniently located within walking distance to top-rated schools, parks, trails, community centre, transit, shops, and restaurants, with quick access to highways and GO Transit. A true move-in-ready family home in one of Oakville's most desirable neighbourhoods.

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Estimated Payment

$8,138.50/mo

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5-yr fixed avg.

Principal: $1,471,920Interest: $969,629
Mortgage Amount$1,471,920
Total Interest$969,629
Est. Property Tax$1,303/mo
Total Cost$2,441,549

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oakville

Discover Oakville

Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oakville

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1386 Silversmith Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,303
Insurance (est.)-$383
Net Cash Flow+$1,864

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $736/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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